Social Security — Prelims Questions

With reference to social security schemes in India, consider the following statements: 1. The Employees' Provident Fund Organisation (EPFO) covers all workers in both organized and unorganized sectors. 2. Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) provides a health cover of ₹5 lakh per family per year for primary, secondary, and tertiary care hospitalization. 3. Atal Pension Yojana (APY) is a voluntary and contributory pension scheme primarily for workers in the unorganized sector.

Which of the following Directive Principles of State Policy (DPSP) directly relate to the concept of social security in India? 1. Article 38 2. Article 39 3. Article 41 4. Article 44 5. Article 47

Consider the following statements regarding the Code on Social Security, 2020: 1. It aims to consolidate and amend laws relating to social security for all employees and workers. 2. It explicitly includes gig workers and platform workers within its ambit for social security benefits. 3. It mandates universal contributory pension for all unorganized sector workers.

Which of the following institutions are primarily responsible for administering social security schemes in India? 1. Employees' Provident Fund Organisation (EPFO) 2. Employees' State Insurance Corporation (ESIC) 3. Pension Fund Regulatory and Development Authority (PFRDA) 4. National Health Authority (NHA)

Regarding the fiscal sustainability of social security in India, which of the following factors pose significant challenges? 1. High proportion of informal sector workers. 2. Increasing demographic dividend. 3. Inadequate tax base. 4. Rising healthcare costs.